How do you come up with a family business name?
In this article, we’ll give you eighteen tips for coming up with a great business name.
- Use acronyms.
- Create mash-ups.
- Get inspiration from mythology and literature.
- Use foreign words.
- Use your own name.
- Take a look at a map.
- Mix things up.
- Partner with another company.
Should you use your last name for business name?
With the surname Smith, registering one’s family business with the name will likely face obstacles in the form of identically or similarly-named businesses already registered. Registering the name is recommended if it is used by the company and a good brand is established.
What should you not do when choosing a business name?
Choosing a Business Name? Avoid These 9 Mistakes
- Picking a business name that limits business growth.
- Choosing a name that’s too general.
- Using unusual spellings of common words.
- Using a business name that’s too long, difficult to understand, or hard to spell or pronounce.
- Failing to test the name in online searches.
Should you name your business after yourself?
According to Alexandra Watkins, founder of Eat My Words, a company that creates brand names for clients, you should not name your business after yourself. They just aren’t memorable, imaginative names.
Should my name be in my business name?
Using your own name maximizes the value of your personal credibility as a respected and reputable supplier in your market. Makes your business memorable: Your own name is so specific that it helps people remember your company, especially if they already know you as an individual or if your name is distinctive.
Can I have a similar business name?
Generally, as long as no one else in your state is using that business name, you can call your company whatever you like. Names are doled out on a first-come, first-served basis. That said, you can run into trademark issues if your business and another’s fall within the same category or are substantially similar.